Nonprofit GPS: Reimagining Your Operating Model in a Changing Environment
April 14 @ 2:00 pm - 3:30 pm
Join Nonprofit GPS on April 14th for a webinar on navigating nonprofit financial uncertainty.
There are many ways to respond to a period of revenue retraction and uncertainty. Some organizations are contracting to their core work and waiting for the environment to stabilize. Others are pursuing strategies that are more openly resistance-based. In reality, many nonprofits are navigating a mix of both.
Nonprofit finance is complex even in stable times, and in moments like this, every financial decision can have ripple effects across programs, staffing, and long-term impact. One of the most valuable but often overlooked resources is learning from peers who are already a few steps down the path you may be considering. In this conversation, nonprofit CFOs and CEOs will share how their organizations are recalibrating their business models and the thinking behind those decisions. Together we’ll explore situation where organizations are considering or implementing actions such as: shedding or narrowing programs, workforce reduction or restructuring, temporary program suspensions, and strategic program expansion.
What You’ll Learn:
- What are the common “obvious” fixes that are almost pre-destined to fail.
- How to identify the leverage points for the more fundamental changes needed to protect the organization.
- The common leverage points for business model recalibration in various situations.
- How to judge your time frames for change.
Nonprofit GPS is a national initiative of Nonprofit Financial Commons, BDO Nonprofit & Grantmaker Advisory Services, and other field leaders. GPS is designed to bring nonprofit decision-makers practical frameworks, peer-tested insights, and timely analysis to support financial and strategic choices in moments of uncertainty and change.